Vale (VALE) EBITDA (2009 - 2025)
Vale (VALE) posted EBITDA of $2.1 billion for Q4 2025, down 49.91% sequentially from $4.1 billion in Q3 2025, and down 52.93% YoY from $4.4 billion in Q4 2024.
Vale (VALE) EBITDA (2009 - 2025) Analysis & Trends
Vale has reported EBITDA for 17 years, with the latest figure at $2.1 billion in Q4 2025.
- Quarterly EBITDA fell 52.93% year-over-year to $2.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $11.1 billion (down 27.4% YoY) and the FY2025 annual result came in at $7.6 billion, down 48.6% from the prior year.
- EBITDA declined to $2.1 billion in Q4 2025 per VALE's latest filing, from $4.1 billion in the prior quarter.
- Over five years, EBITDA peaked at $9.7 billion in Q2 2021 and troughed at $2.0 billion in Q2 2025.
- A 5-year average of $4.8 billion and a median of $4.2 billion in 2022 frame the typical range for EBITDA.
- The sharpest annual moves came in 2021 and 2022: EBITDA jumped 366.12% in 2021, then plunged 55.83% in 2022.
- Over 5 years, EBITDA stood at $7.0 billion in 2021, then decreased by 26.09% to $5.1 billion in 2022, then grew by 26.8% to $6.5 billion in 2023, then slumped by 33.16% to $4.4 billion in 2024, then plunged by 52.93% to $2.1 billion in 2025.
- According to Business Quant data, EBITDA over the past three periods registered $2.1 billion, $4.1 billion, and $2.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 243.31 Bn | 213.86 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.59 Bn | 28.39 Bn | 1.21 Bn | 5,035.17 |
| 4 | MP Materials | 10.57 Bn | 8.09 Bn | 36.20 Mn | -10.34 Mn |
| 5 | Almonty Industries | 5.28 Bn | 4.39 Bn | 18.87 Mn | 18.87 Mn |
| 6 | Materion | 4.75 Bn | 4.73 Bn | 104.34 Mn | 51.71 Mn |
| 7 | USA Rare Earth | 4.36 Bn | 4.36 Bn | -1.58 Mn | -46.31 Mn |
| 8 | Skeena Resources | 4.26 Bn | 3.84 Bn | - | 35.81 Mn |
| 9 | Evolution Metals & Technologies | 2.55 Bn | 2.55 Bn | -115,000.00 | -12.19 Mn |
| 10 | Vale | 62.39 Mn | -17.59 Bn | - | -2.11 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.05 Bn |
| Sep 30, 2025 | 4.10 Bn |
| Jun 30, 2025 | 2.00 Bn |
| Mar 31, 2025 | 2.94 Bn |
| Dec 31, 2024 | 4.36 Bn |
| Sep 30, 2024 | 3.60 Bn |
| Jun 30, 2024 | 3.88 Bn |
| Mar 31, 2024 | 3.44 Bn |
| Dec 31, 2023 | 6.52 Bn |
| Sep 30, 2023 | 4.65 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 3.71 Bn |
| Dec 31, 2022 | 5.14 Bn |
| Sep 30, 2022 | 3.92 Bn |
| Jun 30, 2022 | 4.29 Bn |
| Mar 31, 2022 | 6.55 Bn |
| Dec 31, 2021 | 6.96 Bn |
| Sep 30, 2021 | 7.11 Bn |
| Jun 30, 2021 | 9.71 Bn |
| Mar 31, 2021 | 8.47 Bn |